Cape Town Finance

IFC to invest $ 3 million to improve access to medical diagnostics in Ghana

The International Finance Corporation (IFC) has signed a partnership agreement with South African radiology specialist Bergman, Ross and Partners Incorporated (BRP) to increase access to world-class medical diagnostic services in Ghana. As part of the partnership, IFC would invest approximately $ 3 million in Quest Medical Imaging (QMI) to build …

Read More »

Henry sends wealthy Hamptons, Cape Cod residents and vacationers to pack their bags

Tropical Storm Henri disrupts life in some of America’s richest vacation spots, as it prepares to make landfall on Long Island or southern New England. Residents and vacationers alike were left with a decision to make as Henri made his way to the coast: stay or go. Henri was downgraded …

Read More »

High electricity prices continue to cause headaches for customers

High electricity prices have been making headlines throughout Cape Town since the price hike in early July. Social movements were launched and pickets organized in front of various buildings such as Eskom in Bellville and Parliament. Another group of people who suffer the consequences of high prices are those who …

Read More »

Cape Town expects another peak in license renewals for August

The City of Cape Town (COCT) has alerted all citizens to renew their license disc online using e-Services because there is another peak expected during the month of August. According to COCT, many license discs expired between June and July 2021, due to the extension of the Covid-19 confinement granted …

Read More »

Markets, analysts react to new appointments of Ndabeni-Abrahams & Godongwana

On Thursday evening, President Cyril Ramaphosa announced changes in his cabinet by reshuffling some existing members of his executive by appointing new members and new deputy ministers. New Finance Minister Enoch Godongwana at the swearing-in ceremony at the Union Buildings in Pretoria on August 6, 2021. Photo: GCIS. JOHANNESBURG / …

Read More »

Is Nairobi ready to become a global financial center? – Quartz Africa

Kenya’s capital, Nairobi, has already made a name for itself as a regional hub for trade, innovation and technology. Now plans are underway to take the city to the next level of becoming a global financial center. Kenya’s launch of the Nairobi International Financial Center (NIFC) last week, making the …

Read More »

WOOLWORTHS HOLDINGS LIMITED – New trading statement for the 52 weeks ended June 27, 2021 – SENS

Further trading statement for the 52 weeks ended 27 June 2021 Woolworths Holdings Limited(Incorporated in the Republic of South Africa)Registration number 1929/001986/06LEI: 37890095421E07184E97Share code: WHLShare ISIN: ZAE000063863Bond company code: WHLI(‘WHL’ or ‘the Group’) FURTHER TRADING STATEMENT FOR THE 52 WEEKS ENDED 27 JUNE 2021 Further to WHL’s trading update, which …

Read More »

July slow due to lockdown-Uganda

The recently concluded 42-day national lockdown, intended to reduce the spread of a second wave of the Covid-19 pandemic across Uganda, has added to the continued economic slowdown. The Stanbic Purchasing Managers’ Index (PMI) slipped to 34.6 in July from 34.9 recorded in June. This is the second consecutive decline …

Read More »

Yarmouth is preparing to advance alone on the sewage treatment plant

Yarmouth officials are looking to move forward without Dennis and Harwich and build a sewage treatment plant near Buck Island. The project would be presented to Yarmouth voters at a special city meeting this fall, eliminating the Dennis-Harwich-Yarmouth solution to the region’s sewage problems, although Yarmouth officials have stressed their …

Read More »

Chemicals in burnt South African warehouse cause “considerable” environmental damage – authorities

CAPE TOWN, July 23 (Reuters) – South African authorities said on Friday that around 1,600 chemicals were stored in a warehouse owned by Indian company UPL Ltd when it was razed in a heavy looting last week, causing potentially harmful air emissions and a greenish effluent to seep into a …

Read More »